Senate Delays Crypto CLARITY Act Floor Vote to Next Week, Prioritizes Russia Sanctions Bill
The Senate has delayed a floor vote on the crypto CLARITY Act to at least next week, shifting legislative priorities to confirmations and a new Russia sanctions bill.
The postponement narrows the window for passing the measure before the chamber breaks for recess on August 7. The legislation, which would grant banks statutory authority to handle digital asset custody, staking and lending without prior regulatory approval, had recently drawn support from major financial firms.
From the sources (25 posts)
@coinmarketcapLATEST: 🇺🇸 Anthony Scaramucci says if the CLARITY Act doesn't get to the Senate floor, it "dies a brutal death" and crypto firms will start building offshore.
@bitcoinnews🏦🇺🇸 "History will remember this as the moment a president chose a higher standard of ethics than the law required of him," Sen. Lummis said this week on CLARITY Act ethics deal. "Let's get the Clarity Act passed NOW," Lummis added. https:/
@cointelegraph🇺🇸 BLOOMBERG: Trump's crypto ventures are complicating negotiations over the CLARITY Act.
@bitcoinnews1️⃣🗞️The CLARITY Act hit another obstacle after seven Senate Democrats rejected the latest draft, citing concerns on ethics, consumer protection, and illicit finance. The dispute highlights how unresolved U.S. crypto regulation politics r
@bitcoinnews🇺🇸 "I think we're almost there," Sen. Kevin Cramer said this week on passing the CLARITY Act. Agreeing with Sen. Cynthia Lummis' comments, Cramer added, "We have to get this done, in my view, before the August recess."
@bitcoinnews🇺🇸 "90% of the spot market is overseas. 80% of the digital asset futures market is overseas," said Sen. Lummis this week. "I' don't know if they understand how significant this would be if the CLARITY act failed and we allowed this indust
@cointelegraph🇺🇸 TODAY: Senator Cynthia Lummis says the Clarity Act would close the gaps that groups like North Korea's Lazarus exploit. It gives the Treasury new powers to freeze suspicious transactions before funds move.
@coindeskUPDATE: A new CLARITY Act draft has been released, merging the Senate Banking and Agriculture Committee versions and adding an ethics provision for the first time. A motion to proceed is expected Monday or Tuesday, with a possible floor vo
@cryptoroverThe next 11 days could become some of the most important in crypto history. The Senate has until August 7 to pass the CLARITY Act before leaving for recess. If it misses this window, regulatory clarity could be delayed until after the mid
@cryptorover$BTC: crash incoming...? The last time the CLARITY Act was delayed, Bitcoin crashed from $97,000 to $64,000. If the bill does not pass by August 7, it could be pushed beyond the summer recess. I’m watching whether the same pattern repeat
@toly🇺🇸🇺🇸🇺🇸
@bitcoinmagazineJUST IN: 🇺🇸 Punchbowl News Senior Reporter Brendan Pedersen reports they "still expect an initial vote before August 7" for the Clarity Act 👀
@selkis_2028RT @CoinDesk: UPDATE: A new CLARITY Act draft has been released, merging the Senate Banking and Agriculture Committee versions and adding a…
@selkis_2028RT @BrendanPedersen: I wrote about the Senate floor math that will keep the Clarity Act from passing before recess. We’re past the point it…
@milesjenningsIt's decision time for Democrats: Support CLARITY or support the status quo. Regulate crypto or leave it unregulated. Advance innovation or promote grift. Protect people or play politics.
@iampaulgrewalDefinitely making a list. Definitely checking it twice. And definitely gonna be distinguishing naughty from nice.
@milesjenningsRT @PaulCaf: We got @BlackRock now coming out in support of CLARITY via @politico & @samjsutton
@bitcoinnewsJUST IN: 🇺🇸 Stand With Crypto announces it will score every senator's CLARITY Act vote on public lawmaker scorecards, giving 3 million U.S. advocates a permanent record ahead of November midterms. Read the full story 👉
@eleanorterrett🚨🗞️NEW: Senate Prepares for Clarity Floor Push as GOP Seeks Democratic Support The crypto industry is hoping Senate Republicans can get the ball rolling this week on a floor vote for the Clarity Act. What would that look like? Read on. ht
@milesjenningsRT @standwithcrypto: On behalf of 3 million U.S advocates, @standwithcrypto is providing notice that we will be scoring votes on the CLARI…
@bitcoinmagazineNEW: 🇺🇸 Sen. Dave McCormic on CLARITY ACT "The time for delay is over." "Bring the CLARITY Act to the Senate Floor for a vote and let every senator go on the record." 👀
@gskrovinaRT @PaulCaf: We got @BlackRock now coming out in support of CLARITY via @politico & @samjsutton
@bitcoinnewsJUST IN: 🇺🇸 "The time for delay is over," says Sen. Dave McCormick, calling for the CLARITY Act to be brought to the Senate floor for a vote. McCormick adds, we need to "move forward and get a vote on the CLARITY act... we need to get this
@bitcoinmagazineJUST IN: 🇺🇸 Coinbase Chief Policy Officer talks CLARITY ACT on FOX "This bill is an extraordinarily bipartisan piece of work. It's ready for final action. We're very excited it's going to get done...I think we'll have a vote as early as Mo
@cryptoroverBREAKING: 🇺🇸 $14T BlackRock officially backs the Clarity Act. Earlier, BlackRock warned that Asian countries will try to get ahead of the U.S. in crypto by passing their own versions of the CLARITY Act. PASS IT NOW!